E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher
Enhancement to the Scheme for ‘Special Assistance to the States for Capital Investment’ anticipated, ET Infra
NEW DELHI: For the upcoming Union Budget for 2025-26 (Apr-Mar), states will keenly watch if the Ministry of Finance will continue with the 50-year interest free loan for capital expenditure to states. “While states have commenced development activities under the proposed scheme, the benefits of such investments are associated with
LTIMindtree Lambu’s task cut out: Balancing AI productivity gains with client expectations
As the newly appointed CEO designate of LTIMindtree, Venu Lambu is tasked with managing client expectations as AI-driven efficiency gains influence deal wins. In the recent earnings commentary, LTIMindtree management spoke about productivity benefits that were passed on to a large client. In this case, LTIMindtree passed on productivity gains
Leadership changes spark concerns over smart city project’s quality and transparency, ET Infra
The abrupt transfer within Hubballi-Dharwad Municipal Corporation (HDMC) has created uncertainty amongst officials regarding the handover of smart city project developments. The situation is particularly complex as Rudresh Gali, who served as managing director of Hubballi-Dharwad Smart City Limited (HDSCL), is set to replace Ishwar Ullagaddi as HDMC commissioner. According
Budget 2025 new vs old income tax regime: Will FM Sitharaman do away with the old regime soon? Experts weigh in
Budget 2025 income tax expectations: The new income tax regime was introduced as an optional tax regime from FY 2020-21. Budget 2025 income tax expectations: Ever since Finance Minister Nirmala Sitharaman introduced the new income tax regime with reduced tax rates and almost no deductions and exemptions, salaried taxpayers have
Doug Emhoff to Return to Corporate Law
The latest guessing game in Washington is where former Vice President Kamala Harris and her husband, Douglas Emhoff, might go next. Half of that question has been answered. Starting Monday, Mr. Emhoff will become a partner at the corporate law firm Willkie Farr & Gallagher, splitting his time between Los
Budget 2025 may prioritize Railways over Highways, says Nuvama Report, ET Infra
The upcoming Union Budget for 2025-26 is expected to focus more on the railways sector than highways, according to a report by Nuvama. This marks a significant shift in infrastructure priorities, with railways likely to receive increased budgetary allocations. In the previous financial year (FY24), the highways sector received an
‘Biggest stock market crash coming…’: Robert Kiyosaki, author of Rich Dad Poor Dad makes big prediction
His 2013 publication, “Rich Dad’s Prophecy,” previously cautioned about an unprecedented market collapse. (AI image) Biggest stock market crash coming? The author of “Rich Dad Poor Dad,” Robert Kiyosaki, has made a striking prediction about the stock market’s future. In a post on X (formerly Twitter) he shared that February
Apple in talks with Kalyani Group’s Bharat Forge for components manufacturing in India
Apple has been actively expanding its Indian supplier network over the past two years. (AI image) Apple has initiated talks with Bharat Forge, a Kalyani Group company, to potentially include them as a vendor in India, according to informed sources. The collaboration would involve Bharat Forge manufacturing various components and
Budget 2025 expectations: Two critical areas FM Nirmala Sitharaman should focus on
Budget 2025 expectations: If India were a Formula 1 team, alarm bells would already be ringing. (AI image) By Bikash Narayan MishraBudget 2025 expectations: If India were a Formula 1 team, alarm bells would already be ringing. The track ahead is challenging, rival teams are growing more unpredictable, and it’s